Specialist in stealth aircraft, strategic systems, and space. $41B FY2024 revenue. Lead contractor on B-21 Raider stealth bomber (production ramp 2025-2027), Sentinel ICBM (replaces Minuteman III; in Nunn-McCurdy breach review), GBI/NGI missile defense, James Webb successors. Strong space/satellite portfolio incl. classified imagery.
Key Milestones
Jack Northrop founds Northrop Aircraft in Hawthorne California; designs P-61 Black Widow night fighter and YB-49 flying wing. Grumman Aircraft (founded 1929 by Leroy Grumman) builds F4F Wildcat, F6F Hellcat, F-14 Tomcat.
B-2 Spirit stealth bomber program (Advanced Technology Bomber) awarded to Northrop; flying-wing design draws directly on Jack Northrop's 1940s YB-49.
B-2 Spirit first flight at Palmdale CA Jul 17 1989; revolutionary stealth bomber; production initially planned 132 aircraft, capped at 21 post-Cold War.
Northrop acquires Grumman Aircraft for $2.1B forming Northrop Grumman; combines stealth/bomber expertise with carrier-aircraft heritage.
B-2 Spirit stealth bomber enters operational service with USAF; production capped at 21 aircraft
Northrop Grumman acquires Litton Industries for $5.1B then Newport News Shipbuilding $2.6B same year; vertically integrates electronics/shipbuilding. Newport News spun off as part of HII 2011.
Acquires TRW for $7.8B; major space + electronics expansion adding satellite buses, ICBM ground systems, missile defense.
Wins KC-X aerial-refueling tanker contract (with EADS) over Boeing; protested and overturned 2008-2010; Boeing wins re-compete 2011 with KC-46.
Wins Long Range Strike Bomber (LRSB) contract; future B-21 Raider, defeats Boeing/LMT team
Acquires Orbital ATK for $7.8B; adds solid-rocket motors, satellites, ammunition (now Northrop Grumman Space Systems)
Wins Ground-Based Strategic Deterrent (Sentinel ICBM) EMD contract worth $13.3B sole-source after Boeing withdrew
Selected as IBCS (Integrated Air & Missile Defense Battle Command System) prime; enters Army full-rate production 2024 — first true joint air-defense fire-control network.
B-21 Raider unveiled at Palmdale ceremony Dec 2 2022; first new US bomber in 30+ years; production planned 100+ aircraft at $700M+ unit cost.
Records $1.6B pre-tax charge on B-21 production-lot fixed-price contract; cost growth accepted to preserve program
B-21 Raider first flight at Edwards AFB Nov 10 2023; flight test campaign begins on schedule
Sentinel ICBM declared in critical Nunn-McCurdy breach Jan 18 2024; cost grows from $96B to $131B+ (37% over baseline) due to launch facility/silo civil works underestimation.
Wins Next Generation Interceptor (NGI) full development with $3.3B contract; replaces Boeing's GMD
Pentagon certifies Sentinel program continuation post-Nunn-McCurdy Jul 8 2024; restructures schedule slipping to 2030+ IOC. Cost cap rebaselined ~$141B.
B-21 enters Low Rate Initial Production (LRIP); first operational delivery to Ellsworth AFB targeted 2026-2027
GBI replacement: NGI critical design review milestone reached; first deployable interceptors targeted 2028
Backlog reaches $90B; B-21 production ramp + Sentinel restructured EMD + IBCS allied sales drive growth.
